Ora Banda Mining Ltd
OBM.ASXMaterials
Mineral Exploration, mining operations, mine development and sale of gold in Western Australia.
Market Data
$1.415
+0.0%$2.6B
11.3x
$0.121
0.00%
+0.2%
Latest Earnings
December 2025 - Half Year Results
27 February 2026
```json { "summary": "Ora Banda Mining delivered exceptional H1 FY26 results with record revenues of $336.3M (80% increase) and EBITDA surging 106% to $173.2M, driven by Sand King underground mine achieving capital payback within 12 months and a 45% higher realised gold price ($5,652/oz). NPAT increased 89% to $96.3M despite a $43.8M tax expense, while operating cash flow doubled to $184.0M, positioning the company with $155.4M closing cash and >$200M liquidity to fund continued growth project
Recent Announcements
December 2025 - Half Year Results
```json { "summary": "Ora Banda Mining delivered exceptional H1 FY26 results with record revenues of $336.3M (80% increase) and EBITDA surging 106% to $173.2M, driven by Sand King underground mine achieving capital payback within 12 months and a 45% higher realised gold price ($5,652/oz). NPAT increased 89% to $96.3M despite a $43.8M tax expense, while operating cash flow doubled to $184.0M, positioning the company with $155.4M closing cash and >$200M liquidity to fund continued growth project
Appendix 4D and 31 December 2025 Interim Financial Report
Ora Banda Mining delivered exceptional H1 FY26 results with revenue surging 80.4% to $336.3M, driven by a 31% increase in gold sold (62.6koz) and a 45% rise in the average realized gold price to $5,652/oz. Net profit after tax nearly doubled to $96.3M (+89.4%), reflecting strong operational performance from the Davyhurst Gold Project and successful ramp-up of the Sand King underground mine. The company is well-positioned for continued growth with board approval for $57M in additional capital investment for expansion projects including Waihi open pit, processing plant upgrades, and accommodation capacity. Key points: Revenue increased 80% to $336.3M driven by 31% more gold sold (62.6koz) and 45% higher gold prices ($5,652/oz average); Net profit after tax surged 89% to $96.3M with strong operational leverage from increased revenues; Sand King underground mine achieved full capital payback within 12 months of portal establishment, demonstrating successful organic asset development
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